Blackstone (NYSE: BX) today announced that Maura Pally, formerly Executive Vice President of the Clinton Foundation, is joining the firm as Executive Director of the Blackstone Charitable Foundation.
Ms. Pally will oversee all Blackstone Charitable Foundation activity, leading strategy and integration efforts for its signature programs to support Blackstone’s goal of creating economic opportunity for under-resourced communities. This includes, among other initiatives, its signature Blackstone LaunchPad network, which helps college and university students gain entrepreneurial skills for 21st century jobs and increased career mobility. The Foundation also supports communities through BX Connects, a program that drives community engagement, provides disaster relief and guides employees in board service placement.
Amy Stursberg, who has served as Executive Director of the Blackstone Charitable Foundation since its founding, will serve as Chair of the Foundation’s board through December 2022.
Vik Sawhney, Chief Administrative Officer, said: “We’ve long been focused on supporting the vital communities in which we live and work, and Maura will be an important boon to our efforts in this area. I look forward to welcoming her as our Foundation team and their work continues to expand.”
Amy Stursberg, Chair of the Blackstone Charitable Foundation board, said: “Maura is a remarkable leader with a deep commitment to supporting the communities in which we live and work. We are thrilled to have attracted someone of her caliber to advance our corporate philanthropy and signature programming efforts. Her depth and breadth of experience will be invaluable as the Foundation celebrates its 15-year anniversary and looks forward to a new phase of growth and development.”
Maura Pally, Executive Director, Blackstone Charitable Foundation, said: “I’m thrilled to be joining the Charitable Foundation as it endeavors to serve its employees, students, and communities in need around the world. Blackstone’s commitment to excellence in everything they do is palpable and I look forward to working with a deeply talented team.”
Ms. Pally joins from the Clinton Foundation, where she was most recently Executive Vice President. Prior to that, she worked at Bloomberg Philanthropies and as the Deputy Assistant Secretary at the Bureau of Educational and Cultural Affairs in the U.S. Department of State. She served as Deputy General Counsel for Hillary Clinton’s 2008 presidential campaign. She received her JD from the USC Gould School of Law and a BA in Political Science and Women’s Studies from Brown University.
About Blackstone Charitable Foundation
The Blackstone Charitable Foundation has led Blackstone’s philanthropic initiatives since 2007. We are driven by the firm’s commitment to diversity and inclusion and providing access to opportunity in the communities in which we live and work. Blackstone LaunchPad helps college students learn entrepreneurial skills for success to build thriving companies and careers, with an increasing commitment to schools that have a majority diverse student population or engage with underrepresented communities. BX Connects engages Blackstone’s global employee base to partner with non-profits, supporting their missions through volunteer opportunities, fundraising, board service and other charitable activities.
Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $881 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.